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Shifting from Accumulation to Distribution in Retirement

(7/7/23) The Fed's Trillion-dollar question is whether they can thread the needle between a strong market and economic data and the need to control inflation; the market must realize the Fed's not done yet. Market resiliency remains surprising. Who will play the part of Elon Musk in biopic film? Our next Candid Coffee teaser: Mid-year Economic Review. Stock exposure in late-stage portfolios: Shifting from accumulation to distribution mode. Avoiding the black hole of retirement; being initially conservative. Portfolio allocations are meant to be fluid. Variables like maxed-out SS, life expectancy; respecting the retirement guardrails. How do Millionaires spend their money? No processed food: Health = wealth; no cheap stuff; buy in the middle. Look for dependability in durable goods purchases.

3:05 - The Fed's Trillion-dollar Question
14:30 - The Big Shift: Accumulation to Distribution in Retirement
30:19 - The Big Shift, Pt-2
44:20 - How Millionaires Spend Money

Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor Danny Ratliff, CFP
Produced by Brent Clanton, Executive Producer
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Article Mentioned in Today's Show:
"Treasury Yield Curves – Is This Inversion Different?"
https://realinvestmentadvice.com/treasury-yield-curves-is-this-inversion-different
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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